RATEPAYERS will be slugged another $42 a year on average in the next financial year.
Councillors handed down the 3.25% rates increase for owner-occupiers at a Special General Meeting today to announce the Moreton Bay Regional Council Budget and Operational Plan 2014/15.
The increase is slightly higher than the national Consumer Price Index of 2.9% and the Brisbane figure of 3.1%.
The Regional Infrastructure Separate Charge remains steady along with garbage collection fees while the much-maligned Canal Maintenance Special Charge will decrease.
Canal-front residents in Bribie Gardens and Pacific Harbour will save between $89 and $182 a year.
The budget details more than $160 million in capital works funding across the region, including $8 million for the long-awaited Brown St Bridge to connect the Lagoon Creek area with the heart of Caboolture more quickly.
Mayor Allan Sutherland said the council had worked hard to keep rates as low as possible.
"That includes a freeze on waste charges, no increase in the Regional Infrastructure Separate Charge and maintaining a $250 pensioner remission," he said.
"With a $160 million capital works program, an operating surplus of $15 million and low debt, it underlines Moreton Bay Regional Council's financial strength, resilience and commitment to sustainable budgeting."
Pick up your Caboolture News and Bribie Weekly next week for a full breakdown of how the council and state budgets will affect you.
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